Signaturefd LLC Sells 248 Shares of Union Pacific Co. (NYSE:UNP)

Signaturefd LLC cut its position in shares of Union Pacific Co. (NYSE:UNP) by 1.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,913 shares of the railroad operator’s stock after selling 248 shares during the period. Signaturefd LLC’s holdings in Union Pacific were worth $2,945,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. State Street Corp raised its holdings in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC grew its position in Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after purchasing an additional 182,620 shares in the last quarter. Franklin Resources Inc. increased its stake in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Fisher Asset Management LLC lifted its position in Union Pacific by 0.3% during the 4th quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator’s stock worth $1,437,948,000 after buying an additional 20,099 shares in the last quarter. Finally, FMR LLC lifted its position in Union Pacific by 0.6% during the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after buying an additional 31,899 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 0.2 %

UNP opened at $238.02 on Tuesday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a market capitalization of $143.83 billion, a P/E ratio of 21.46, a P/E/G ratio of 2.15 and a beta of 1.05. The stock has a fifty day moving average of $242.22 and a 200-day moving average of $240.52.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the business posted $2.71 earnings per share. On average, equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNP. Guggenheim lifted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Citigroup raised their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Robert W. Baird upped their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company cut their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.